The spot Bitcoin and Ethereum exchange-traded funds (ETFs) listed in Hong Kong experienced significant outflows on Monday, following Bitcoin's drop below $61,000. The combined outflows for Bitcoin ETFs reached $32.7 million, while Ethereum ETFs saw $6.6 million in outflows. Despite initial excitement, the Asia-based ETFs have seen comparatively meager results compared to their U.S.-listed counterparts.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
